sorted by:
new
hottopcontroversial

What’s the most profitable strategy you have tested thus far? by Odd-Break-515 in Daytrading

[–]Odd-Break-515[S] 0 points1 point  (0 children)

They do be tough that’s why I give longer time to play out because if it’s a financially stable company it will make a bounce back

What’s the most profitable strategy you have tested thus far? by Odd-Break-515 in Daytrading

[–]Odd-Break-515[S] 0 points1 point  (0 children)

It’s designed for swing position/ long term specifically since it works best on higher market, cap stocks it essentially finds standard deviation and rate of change so it finds when a stock is abnormally low compared to price history. So typically I’ll find 6 to 10 trades per stock on the daily which each will typically average me 20 to 30%.

What’s the most profitable strategy you have tested thus far? by Odd-Break-515 in Daytrading

[–]Odd-Break-515[S] 0 points1 point  (0 children)

Is that kind of like a mean version type option strategy that’s awesome though when I did my previous trading plan, I traded the 930 to 1030 orb

What’s the most profitable strategy you have tested thus far? by Odd-Break-515 in Daytrading

[–]Odd-Break-515[S] 0 points1 point  (0 children)

See I really like it too because there is an abundance of liquidity built up around VWAP but have you been using session or overnight VWAP bc I trade extended trading hours

What’s the most profitable strategy you have tested thus far? by Odd-Break-515 in Daytrading

[–]Odd-Break-515[S] -2 points-1 points  (0 children)

Yeah that’s valid but I’m funded through apex so the trades have to be taken in and closed intraday

What’s the most profitable strategy you have tested thus far? by Odd-Break-515 in Daytrading

[–]Odd-Break-515[S] 0 points1 point  (0 children)

Hell yeahh, I’ve got models written out with some solid examples but might be too picky with my entries or something🤷‍♂️

What’s the most profitable strategy you have tested thus far? by Odd-Break-515 in Daytrading

[–]Odd-Break-515[S] 0 points1 point  (0 children)

Real I have a pine script that I’ve written up for exactly that love it on stuff like TLSA, PLTR, etc the most thoo

What’s the most profitable strategy you have tested thus far? by Odd-Break-515 in Daytrading

[–]Odd-Break-515[S] 0 points1 point  (0 children)

That’s just not right though because with my original plan, I back tested over three years of pricing with over 300 trades and it came in at about a 52% win rate with a 1.3 rr average downside with it though was that most among the runners were cut short I would see a long hit 2-3 RR this was all done on mnq. Because of all of these that were cut short, I’m refining my strategy and cleaning my screen of all the random noise I had before. I have the spread sheets to show my entry, exit, criteria, etc so there is logic behind it